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Peako (ASX:PKO) is a micro-cap resources explorer that has featured as a small speculative holding in a specialist resources portfolio. In September 2026, SG Hiscock & Company reported that Peako's shares re-rated after the company completed a gold acquisition in Saudi Arabia, with the stock trading at around $0.01. The manager described Peako as a modest grassroots position rather than a core holding, reflecting the early stage of its exploration efforts. Peako operates in the Materials sector within the Metals and Mining industry, and Thesis Tracker has captured 1 comment from 1 fund manager, SG Hiscock & Company. Based in Melbourne, Peako explores for gold, lithium and rare earth elements across Australia and Saudi Arabia, with the Eastman PGE Project in the Central Zone of the Halls Creek Orogen as its flagship asset. The company was formerly Peak Oil & Gas Limited and took its current name in November 2015.
Company figures as of 30 Oct 2026. For information only.
Fund managers including SG Hiscock & Company have invested in Peako Ltd (ASX:PKO).
SG Hiscock & Company highlights the completion of Peako's Saudi Arabian gold acquisition as the catalyst that drove a re-rating of the shares in September 2026. No other specific catalysts are identified in the available commentary.
The available fund manager commentary does not set out specific risks. SG Hiscock & Company treats Peako as only a small grassroots position, and as an early-stage explorer the company faces exploration, funding and development risk.
Peako Limited is a natural resources exploration and development company operating in Australia and Saudi Arabia. Its exploration activities focus on gold, lithium and rare earth element deposits. The company’s flagship asset is the Eastman PGE Project, located in the Central Zone of the Halls Creek Orogen. Formerly known as Peak Oil & Gas Limited, the company changed its name to Peako Limited in November 2015. It is based in Melbourne, Australia.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
12,245 comments from 167 managers on 777 companies, snapshot 30 Oct 2026.